Enhanced
Systems and Services new software will allow IFS
to more intelligently deploy resources, better
manage cost overruns and keep their company running
at top shape.
Denver,
Colorado (PRWeb) December 8, 2006 -- Enhanced
Systems & Services, Inc. ? (Denver, Colo.),
the leading vendor of ERP software (enterprise
resource planning) for project-oriented manufacturers,
today announced that Integrated Flow Solutions
has selected Finesse ERP software to replace its
existing ERP system.
Mike
Madison, CFO of Integrated Flow Solutions (IFS),
explains, “IFS spent over a year searching
for software to meet the requirements of all our
operating divisions. In particular, our engineer-to-order
division was difficult to fit as every order contains
multiple scheduling challenges. One of the attractive
features of Finesse was the tight integration
of a schedule to material requirements. The ability
to notify purchasing to reschedule major material
receipts when the production schedule changes
means we won’t have $1,000,000 of equipment
sitting on the floor nine months before it is
actually used, as has happed to us in the past.
We have a very flexible workforce and Finesse
scheduling offers us the opportunity to easily
reallocate people from one resource pool to another
to accomplish the necessary delivery commitment.”
The
company expects to see the new system pay for
itself in two years.
“Our
primary cost justification for the system is the
way in which Finesse supports the RFQ process
for purchasing, and its ability to easily generate
multiple quotes on equipment. We anticipate a
2% savings on 10% of the materials we buy. The
savings from this one feature will result in a
24 month payback. The fact that vendors can respond
to our RFQ’s via the net will reduce our
customer quoting effort and assist us to streamline
our sales and engineering processes,” Madison
said. “We will use this opportunity to install
data collection equipment to track labor and job
charges. This will eliminate a significant amount
of manual effort handling time cards for both
payroll and job cost purposes. Labor hours and
job cost can be entered remotely over the internet
for our on-site workforce.”
IFS
says the new software helps them make sure costs
remain as predicted.
“Real-time
project reporting will be instrumental in controlling
budget vs. actual costs. Finesse will alert us
when any project task exceeds its budget so we
can correct the situation immediately. This can
mean the difference between profitable projects
and those that end up in the red. The fact we
can extract all data for ad-hoc queries and custom
reports will also contribute to our profitability,”
Madison said.
Finesse
will let IFS please both their financial and their
tax accountants.
“We
have a fairly complex legal entity structure.
Finesse is one of the only products we have seen
that will permit us to consolidate one way for
accounting purposes and a different way for tax
purposes. This reporting flexibility will come
in very useful as we look at the complex reporting
requirements of our distribution group, Best PumpWorks.
They need to track profitability by OEM, by salesman,
by branch, by strategic business unit, and of
course, by division,” Madison says.
Best
PumpWorks also is heavily involved in the service
and repair business. “Finesse contains a
web-based field service and depot repair module
that is very promising. As we grow this part of
the business, it will be very useful to have the
right tools to make that growth easier to manage
and more profitable. We need to be able to tell
our customers when we can deliver and know that
there are no bottlenecks that will prevent us
from meeting those delivery requirements. Finesse
offers us the ability to schedule in such a fashion
that no work center is loaded in excess of what
it can produce. If we are overloaded, it will
identify the overloaded resources and allow us
time to find alternate ways of handling that process
(such as outsourcing),” said Madison.
IFS
is confident that Finesse offers them the perfect
software solution.
Madison
concludes, “Finesse was selected first for
its ability to meet the needs of our complex engineer
to order division. It also meets the needs of
our distribution and remanufacturing businesses.
The fact that the accounting appears to be a piece
of cake is really cool.”
About
Enhanced Systems & Services, Inc.
Enhanced Systems & Services, Inc. has been
providing ERP solutions for project-oriented manufacturing
since 1983. The privately held company's flagship
product, Finesse, is targeted at organizations
that manufacture capital equipment and other highly-engineered
products. The leader in its market, Enhanced Systems
& Services serves hundreds of customers across
the globe in industries such as factory automation,
aerospace and defense, transportation, energy
and environmental products. Customers include
EADS North America Defense, Ebara Technologies,
Halter Marine, Teleflex, KHS Klockner and many
other companies that require a project-oriented,
enterprise-wide business application suite. For
more information, call 303-425-1237 or visit the
company's website at www.essfinesse.com.
Contact:
Mike Braverman
(303) 425-1237
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